Squarespace, Inc. (SQSP)
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Permira Completes Acquisition of Squarespace
NEW YORK--(BUSINESS WIRE)--Permira, the global investment firm, today announced the completion of its funds' acquisition of Squarespace, Inc. (the “Company”) in an all-cash transaction that valued the Company at an aggregated transaction value of approximately $7.2 billion. With the completion of the acquisition, Squarespace is no longer listed on the New York Stock Exchange. As part of the transaction, Squarespace Founder & CEO Anthony Casalena rolled over a substantial majority of his exi.
CORRECTING and REPLACING Permira Completes Tender Offer for Outstanding Shares of Squarespace
NEW YORK--(BUSINESS WIRE)--Second paragraph, fourth sentence should read: All shares that were validly tendered will be accepted for purchase on October 14, 2024 (Instead of All shares that were validly tendered will be accepted for purchase on October 15, 2024) The updated release reads: PERMIRA COMPLETES TENDER OFFER FOR OUTSTANDING SHARES OF SQUARESPACE Permira, the global investment firm, today announced the success of its funds' cash tender offer for all outstanding shares of common stock.
Permira Completes Tender Offer for Outstanding Shares of Squarespace
NEW YORK--(BUSINESS WIRE)--Permira, the global investment firm, today announced the success of its funds' cash tender offer for all outstanding shares of common stock of Squarespace, Inc. (NYSE: SQSP). The tender offer expired one minute after 11:59 p.m., New York City time, on October 11, 2024. As of expiration, 46,971,451 shares had been validly tendered and not withdrawn from the tender offer. The tendered shares together with the shares rolled over, or sold directly, by affiliates of Anthon.
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Squarespace, Inc. Profile
| Software - Infrastructure Industry | Technology Sector | Mr. Anthony Casalena CEO | NYSE Exchange | US85225A1079 ISIN |
| US Country | 1,749 Employees | - Last Dividend | - Last Split | 19 May 2021 IPO Date |
Overview
Squarespace, Inc. is a comprehensive platform designed to empower businesses and independent creators by facilitating a robust online presence and brand growth. It offers its services both in the United States and internationally, catering to a wide range of industries and client sizes, from single-person businesses to large enterprises. Founded in 2003, Squarespace has established its headquarters in New York, New York. The company specializes in providing an integrated set of tools that encompass website building, domain management, e-commerce solutions, marketing tools, scheduling capabilities, hospitality services, and social media management, thereby supporting its users in effectively managing their projects and business ventures across the internet.
Products and Services
- Websites
- Domains
- E-commerce
- Marketing Tools
- Scheduling
- Hospitality Services
- Social Media Presence
Squarespace provides a user-friendly platform that allows individuals and businesses to create professional and aesthetically pleasing websites. This service is the foundation of a strong online presence, offering various customizable templates that cater to different industry needs and personal preferences.
A crucial part of establishing an online identity, Squarespace simplifies the process of finding and registering domain names. This service ensures that users can secure a unique and memorable web address that aligns with their brand identity.
To facilitate online business operations, Squarespace offers comprehensive e-commerce solutions. This includes features for product listing, inventory management, payment processing, and order fulfillment, all aimed at making online selling accessible and efficient.
Recognizing the importance of marketing in business growth, Squarespace provides various tools to help businesses reach their target audience. This includes email marketing, SEO tools, and integrated analytics to gauge performance and optimize strategies.
For businesses that require appointment booking or event scheduling, Squarespace offers a scheduling service. This tool simplifies managing appointments, making it easier for customers to book services directly through the business's website.
Targeted at businesses in the hospitality industry, this service offers specific tools to manage reservations, bookings, and customer interactions, streamlining operations for hotels, restaurants, and other similar businesses.
In today’s digital age, social media is an essential aspect of marketing and brand building. Squarespace provides tools that help businesses manage their social media accounts from a single platform, ensuring a cohesive and consistent online presence.
Contact Information
